Credit rating
Company information
About DEMA TECH ApS
DEMA TECH ApS (CVR number: 32653022) is a company from KØGE. The company recorded a gross profit of 2497.3 kDKK in 2022. The operating profit was 483.7 kDKK, while net earnings were 310.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DEMA TECH ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 657.26 | 2 716.66 | 1 958.74 | 2 372.87 | 2 497.29 |
EBIT | 1 406.14 | 1 447.28 | 754.43 | 829.13 | 483.67 |
Net earnings | 1 055.05 | 1 065.18 | 528.67 | 582.81 | 310.71 |
Shareholders equity total | 1 344.70 | 1 409.88 | 938.55 | 993.36 | 722.07 |
Balance sheet total (assets) | 5 090.37 | 4 549.87 | 3 008.81 | 2 867.87 | 3 695.23 |
Net debt | -1 853.80 | -1 334.38 | -1 428.82 | - 406.08 | 0.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.9 % | 30.0 % | 20.0 % | 28.2 % | 14.7 % |
ROE | 94.4 % | 77.3 % | 45.0 % | 60.3 % | 36.2 % |
ROI | 101.4 % | 74.5 % | 46.7 % | 65.3 % | 31.3 % |
Economic value added (EVA) | 1 088.45 | 1 141.49 | 570.48 | 654.56 | 340.92 |
Solvency | |||||
Equity ratio | 26.4 % | 31.0 % | 31.2 % | 34.6 % | 19.5 % |
Gearing | 2.5 % | 2.3 % | 20.7 % | 82.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.8 | 1.4 | 1.6 | 1.3 |
Current ratio | 1.5 | 1.8 | 1.4 | 1.6 | 1.3 |
Cash and cash equivalents | 1 853.80 | 1 369.38 | 1 450.82 | 611.96 | 591.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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